Microsoft recently published a new tutorial video that walks you through the latest bank reconciliation improvements in . This video covers bank reconciliation improvements, which are just some of the highlights that are available in the .
Bank reconciliation helps ensure that transactions in your internal accounts align with statements from your bank. Dynamics 365 BC makes it easier to ensure that the numbers match by making it easier to investigate how the automatic application rules were applied.
If you want to explore the details behind the matching, you can use the Match Details action. Dynamics 365 BC also makes it possible to turn off automatic matching for each bank account.
Turning off automatic matching is useful when you want to import a file or use the Suggest Lines feature, but you don't want to apply everything right away. On the bank account card page, just turn off the Disable Automatic Payment Matching toggle.
Another improvement made is to enable corrections to posted bank account reconciliations. On the bank account statement page, you can use the undo action to open a new reconciliation page that contains the content that was posted. There you can correct the mistakes and repost the reconciliation. If needed, you can even reuse the statement number in your corrected reconciliation.
Additionally, after you post the reconciliation, you can use the new bank account statement report to view details about what was applied and the posted amounts for the reconciled entries.
Last but certainly not least, Microsoft has simplified the process of importing bank statement files. On the bank account card page, the Import Bank Statement file action starts a guide that will help you choose the bank statement CSV file to import and specify the rows and columns to include or skip. The bank statement must be a CSV file. The guide is much easier than the manual process or the Suggest Lines process.
To access additional Dynamics 365 BC resources, including additional videos, whitepapers, guides, and more, please visit our .
by TrinSoft, LLC a Dynamics 365 BC Partner in Kentucky
